Ms Mack said 34 industry bodies were representing the $1.4 trillion super sector but no-one was standing up for ordinary people.

''All the voices in the current debate are self-interested,'' Ms Mack said.

''Where are the consumers? There is no voice for the beneficiaries of the system.''

Mr Moss said that as well as participating in the public policy debate, a consumer centre could provide online education that explained super and highlighted risks.

''Investors in super are often both confused and fearful,'' Mr Moss said.

''It's very hard for people who haven't had a financial background to suddenly have to start making critical financial decisions in their late 50s or their 60s. I feel for them. It's really hard to understand finance.''

Last year Ms Mack and her backers convinced Federal Financial Services Minister Bill Shorten to commit $10 million over three years towards an investment fund, the earnings of which would bankroll a consumer centre for decades.

But the government contribution was conditional on the super sector kicking in a matching amount.

A chunk of the $10 million is lost if super funds don't start stumping up by June 30.

And so far not a single fund has committed a cent. Research firm Rainmaker has estimated super funds reap about $17 billion a year in fees.

The minimum $10 million commitment to the centre is less than 0.06 per cent of one year's fee revenue.

A spokeswoman for its CEO Ian Silk said: ''We think that having a Superannuation Consumer Centre that is a purely consumer oriented body that has no agenda other than to act in the interests of consumer fund members . . . is a terrific idea.''

However, Australian Super's financial commitment is in-principle only and depends on its peers chipping in, with each industry fund to make its own decision.

The other side of the super sector - so-called retail funds, typically run by banks and insurers - had been looking to contribute on a ''one in all in'' basis.

But it is understood that this position was abandoned at the most recent board meeting of the Financial Services Council.

The office of FSC CEO John Brogden did not return calls, nor did Mr Shorten's office.